Brought to you by Quest Offshore & Southern Cone Consultants
(Reuters) Britain’s Serious Fraud Office (SFO) can seize more than $8 million of illicit cash linked to a massive Brazilian corruption scandal involving state-run oil company Petrobras, a London court ruled on Friday. The SFO successfully applied to confiscate $7.7 million and 700,000 pounds held in the London bank account of former Petrobras employee Mario... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3), following best practices in Corporate Governance informs its investors and the market in general the preliminary unaudited production data for February 2023. (1) Refers to the 35% Interest held by 3R in Pescada Cluster concessions. (2) In February, approximately 60% of the gas produced... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on March 1, 2023, informs that its Executive Board has forwarded for the appreciation of the Board of Directors the following proposal for response to Letter 166/2023/GM-MME from the Ministry of Mines and Energy (MME): we carried out a preliminary study on the divestment... Continue Reading →
(OM) Drilling contracting activity has slowed in March with only a few contracts announced so far this month, according to Evercore ISI’s latest Offshore Rig Market Snapshot. This follows a “busy” February where five drillships and four jackups secured new multi-year terms. This included a new three-year contract from Petrobras for the Valaris DS-8, which was... Continue Reading →
The Brazilian Institute of the Environment (Ibama) issued the operating license for the FPSO Anna Nery, which will be installed in the Marlim field, in the Campos Basin. The document is valid for eight years. The vessel has the capacity to produce up to 70,000 barrels of oil per day and process up to 4... Continue Reading →
Oslo-listed oil and gas company BW Energy said Thursday the process to acquire Petrobras' interests in working interest in Golfinho and Camarupim deepwater oil fields and the related FPSO from Saipem was about to resume. In June 2022, BW Energy signed an agreement to acquire 100% working interest (WI) in the Golfinho and Camarupim Clusters and 65%... Continue Reading →
Norway's Green Yard Kleven has completed and delivered two retrofit projects for the Brazilian shipowner Oceanica. Oceanicasub Vlll and Oceanicasub lX have been rebuilt from offshore supply vessels to advanced offshore vessels for ROV- and crane operations. "Both rebuilding projects were largely based on reused equipment and focused on sustainability at the request of the... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the press releases of 02/28/2023, 03/01/2023 and 03/08/2023, informs that it received an official letter from the Ministry of Mines and Energia (MME) presenting, in a supplementary manner, three nominations of candidates for the slate of the Federal Government, as controlling shareholder, for the eight vacancies of... Continue Reading →
BW Offshore said Wednesday it had closed the transaction for the sale of the FPSO BW Opportunity for $125 million to an undisclosed third party. The Oslo-listed FPSO provider last Friday said it had agreed to sell the laid-up FPSO to an unnamed buyer. The company said last Friday it was also exploring the commercial principles... Continue Reading →
Oil and gas company Karoon said Wednesday that production had started from the PAT-2 at the Patola field in the BM-S-40 production license in Brazil. The well, one of two new production wells drilled at the field, came onstream on March 15, 2023 at a rate of 12,000 – 14,000 bopd. This followed the installation... Continue Reading →
